CTP
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5.77% 4.9¢ central petroleum limited

consolidation nearest the pin contest

  1. rivermore
    6,767 Posts.
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    28/09/13
    08:00
    Post #: 12383315
    Who's up for a game?
    CTP 1 for 5 consolidation approved yesterday for rollout from 1st Oct.

    The game;

    Closing price on Monday 30/9/13

    and

    Closing price on Tuesday 1/10/13

    Will RC be proven correct that cutting the overall No of shares from +1.5 billion to around 300m will bust the inverted price bubble on CTP?

    My pick is;

    Monday 10c
    Tuesday 55C

    The opts? Not even I'm game to call that one.
    CTP Price at posting: 47.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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